Summary
Overview
Work History
Education
Skills
Timeline
Generic
David L. Richardson

David L. Richardson

Richmond,VA

Summary

During his legal career at McGuireWoods, Mr. Richardson was elected as a Fellow in both the American College of Bond Counsel and the Healthcare Financial Management Association. He was also selected multiple times as one of the Best Lawyers in America in Public Finance Law and Banking and Finance Law, a Virginia Super Lawyer in Bonds/Government Finance, and Lawyer of the Year in Richmond Public Finance Law. Mr. Richardson retired from McGuireWoods on December 31, 2021 and was appointed State Treasurer on June 2 2022.

Overview

2026
2026
years of professional experience

Work History

State Treasurer

Commonwealth of Virginia
2022 - Current

As Virginia's StateTreasurer, Mr. Richardson oversees the investment of public funds, management of tax-supported debt, issuance of bonds, provision of banking services, and administration of the state’s insurance and unclaimed property programs. Mr. Richardson also serves as Chair of the Virginia Treasury Board and is a member of ten other boards, including the Virginia Port Authority, Virginia Resources Authority, Virginia Housing Development Authority, and the Virginia College Savings Plan.


Partner

McGuireWoods LLP
1978 - 2021

Prior to his appointment as Virginia's State Treasurer, Mr. Richardson had recently retired after almost 44 years at the McGuireWoods law firm, where he specialized in tax-exempt bond financings for state and local governments and agencies, public and private colleges and universities, private schools, hospitals, retirement communities, and other non-profits. He was the senior member of the firm’s Public Finance Department, recently served on the firm’s Board of Partners and Executive Committee, and chaired the firm’s Debt Finance Department.

Education

Bachelor of Arts - Economics

University of Virginia

J.D. -

University of Virginia

Skills

    During Mr Richardson's tenure as State Treasurer, Virginia Treasury:

  • Was named one of the Best Workplaces in Virginia in 2024 by the Richmond Times-Dispatch,
  • Processed a record number of unclaimed property claims and reunited a record amount of lost money with Virginia residents
  • Outsourced all check printing operations, reducing costs and enhancing efficiency
  • Reduced property insurance premiums by developing a proactive approach to its relationships with insurance partners through in person meetings in New York, Bermuda and London
  • Reconfigured its investment management approach to take advantage of the large balances and a normalizing yield curve

Timeline

State Treasurer

Commonwealth of Virginia
2022 - Current

Partner

McGuireWoods LLP
1978 - 2021

Bachelor of Arts - Economics

University of Virginia

J.D. -

University of Virginia
David L. Richardson